08/10/2026
It's Michelle Monday and here is the Monday Market Watch
📍 Snohomish County – Monday Market Watch
Big-time price reductions are helping boost pending sales in Snohomish County.
🏡 New Listings: 267
🤝 Pending Sales: 287
📉 Price Reductions: 340
đź’° Average Sale Price: $815,101
This is an interesting week: pending sales actually outpaced new listings, but the biggest number remains the 340 price reductions. That tells the story. Buyers ARE buying—they're responding when sellers get realistic about price.
Sellers: A price adjustment isn't necessarily bad news. In today's market, it can be exactly what puts your home back in front of buyers and gets it SOLD.
Buyers: Pay attention to homes that have been sitting on the market or recently reduced. That's where some of today's best opportunities may be hiding.
Price it right, and buyers are responding.
It’s a great day in real estate.
📍 Skagit County – Monday Market Watch
In Skagit County this week, “reduce to sell” is the name of the game.
🏡 New Listings: 46
🤝 Pending Sales: 48
📉 Price Reductions: 64
đź’° Average Sale Price: $652,263
Pending sales edged ahead of new listings, which is encouraging, but once again price reductions lead every category. With 64 reductions against only 46 new listings, sellers are clearly adjusting to what today's buyers are willing to pay.
Sellers: Buyers are out there, but they're watching value closely. The right price can make the difference between sitting and selling.
Buyers: Keep watching those price reductions. Motivated sellers can create opportunities for both price negotiations and favorable terms.
Reduce to sell—that's the Skagit County story this week.
It’s a great day in real estate.
📍 King County – Monday Market Watch
King County continues to show significant opportunities for home buyers as prices soften and sellers make adjustments.
🏡 New Listings: 864
🤝 Pending Sales: 629
📉 Price Reductions: 719
đź’° Average Sale Price: $1,109,238
The number that jumps off the page this week is 719 price reductions—nearly 100 more than pending sales. Sellers are competing for buyers, and pricing is becoming increasingly important.
Sellers: The market is sending a message: pricing a home correctly from the beginning matters. Chasing the market with repeated reductions can cost valuable time and negotiating leverage.
Buyers: This is your opportunity. More choices, softer pricing and motivated sellers mean buyers have negotiating power we haven't seen in quite some time.
Price reductions rule the day in King County.
It’s a great day in real estate.
This weekend I helped two clients get their loan application input, documents reviewed and credit approval issued so they could write offers during this competitive time.
THAT'S why working with a broker matters! How can I help you?\
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